What is locorum.io?
locorum.io operates within the Customer Relationship Management (CRM) Software industry, headquartered in London, Ontario, Canada. The company, which employs between 5 to 9 individuals and generates between $1M to $5M in revenue, is focused on providing CRM solutions. Its recent major strategic investment suggests a pivotal moment for scaling operations and enhancing its product offerings in a competitive CRM landscape.
How much funding has locorum.io raised?
locorum.io has raised a total of $880K across 1 funding round:
Other Financing Round
$880K
Other Financing Round (2023): $880K with participation from Jnf Group and Ontario Centre of Innovation
Key Investors in locorum.io
Jnf Group
JNF Group of Institution operates autonomously under the central and state government to provide education and training courses for career development. They offer a variety of programs including paramedical courses, teacher training, hotel management, fashion technology, fire safety courses, and computer courses. The institution aims to promote educational literacy, particularly for underprivileged citizens, by providing affordable and quality education.
Ontario Centre of Innovation
OCI drives the commercialization of cutting-edge research across key market sectors to build the economy of tomorrow and secure Ontario's global competitiveness. In doing this, OCI fosters the training and development of the next generation of innovators and entrepreneurs and is a key partner with Ontario's industry, universities, colleges, research hospitals, investors and government ministries.
What's next for locorum.io?
The substantial enterprise-level funding secured by locorum.io positions the company for accelerated growth and market expansion. This capital injection is expected to fuel product development, enhance customer acquisition strategies, and potentially explore new market verticals. The strategic nature of the recent investment indicates a strong alignment with backers who foresee significant future value and are committed to supporting locorum.io's long-term vision and scaling objectives.
See full locorum.io company page
